Existing-home sales rose all over the country in September, reports NAR. They also say much of it is due to the first time home buyer tax credit approaching the deadline.
What do you think will happen after Nov 30 if...
Hey everyone, hope all is well with you! I just want to make sure I'm getting the depreciation tax write off correct. Let me give an example to see if I got this right. If I have a property worth $300,000 and land is ...
Has anyone looked into installing solar power into investment properties? Is it possible to sell excess power to utility company and generate additional income?
What a ride the past few months have been! It took us exactly 87 days from wet concrete to C.O. I quit my nice cushy engineering job a few months ago and decided to start building new solar homes. It wasn't an easy de...
Can anyone please give me an estimate of what would it be the taxes percentage that one would be paying if one bought a home for $400k and sold it back for $700k.
Hope everyone is well! I purchased a 3 family property in Ma, with tenants, and there is children under age 6, in two units. The property lead status is unknown, there was no inspection done, but the house is built in...
Tax structure considerations for Canadians and US foreigners in general can be quite confusing. On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but...
I am working on an apartment complex and commercial space project that will cost between $10M and $15M. Fortunately, it looks like we will be able to qualify for the new markets tax credit (NMTC). I do well with proje...
Anyone out here thought about doing a lease purchase? It has recently come to my attention that the 8k tax credit works on lease purchase deals as well as straight up purchases.
We were quite surprised so I thought I ...
We are under contract on a building that is 3 apartments and a storefront. It will require pretty significant repairs including foundation and slate roof. Because of all the particulars, it qualifies for both federa...